Other than purchasing a property, buying a car is the most expensive purchase most people will ever make. Whilst a reasonable second-hand car can be purchased more economically, a new car will cost well in excess of £10,000. This means that the majority of people can’t afford this sort of finance outlay and turn to a car loan.

A low APR loan means that the customer will pay less interest over the full borrowing term. The rate of interest charged by a financial institution is their assessment of the risk of default that customer represents. The cost of borrowing has gone up since the financial crisis and a number of lenders have stopped offering affordable loans completely. This…

80 20 loans are not nearly as complicated as they sound.The first of the two is a loan extended for 80% of the value of the home’s sale price. The 20 part of the term 80 20 refers to the second half of this option: a loan for 20% of the home’s sale price. As of late, the current economic…